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Datamyne Blog

Covering trade & transport, with tips on using
import-export data to advantage

Category Archive: Trade Policy

Congress Blinks, Repeals COOL

Category: Imports, Trade Policy

Faced with the threat of retaliatory tariffs from Canada and Mexico, Congress tucked a repeal of the mandatory country-of-origin labeling – or COOL – rules for meat that offended the NAFTA trade partners into the omnibus spending bill passed in the closing days of 2015. Canada and Mexico had appealed to…

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US Tariffs on Chinese Steel Near 500%

Category: Imports, Trade Policy

US tariffs on Chinese steel imports could near 500% with the Commerce Department International Trade Administration’s preliminary decision to slap anti-dumping duties of 256% on corrosion-resistant steel – this  on top of countervailing duties of 236% imposed in November to offset Chinese government subsidies of its steel producers. The…

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US Drops Hint to UK: Better Not Brexit

Category: Markets, Trade Policy

The UK should expect the US to impose the same tariffs as now apply to China, Brazil and India, should it opt out of the European Union, Michael Froman, the US Trade Representative, told Reuters October 28. British voters will decide before the end of 2017 whether to remain…

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Steelmakers Pushback against Low Price Imports

Category: Imports, Trade Policy

A trade complaint concerning hot-rolled steel filed with the Department of Commerce and US Trade Commission Tuesday is the latest move in a US steelmakers pushback against low price imports that “have been flooding our shores, substantially reducing selling prices, shipment volumes, and earnings,” says James L. Wainscott, Chairman, President and CEO…

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Pacific Alliance Trade Pact Enters into Force

Category: Markets, Trade Policy

The Pacific Alliance has reached a new milestone in its quest to eliminate barriers to the free flow of goods, capital and labor across the borders of the bloc’s four member nations (Chile, Colombia, Mexico and Peru) and so position itself as a hub for Asian-Latin American trade. The Additional…

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Are Conflict Minerals in Your Supply Chain?

Category: Resources, Trade Policy

The US government wants to know if there are conflict minerals in your supply chain. (And it’s not alone.) Under Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, publicly-held companies that make, or contract for the making of products containing tantalum, tin, tungsten, or gold (shorthand:…

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Risky for Business: Trade Sanctions

Category: Resources, Trade Policy

by Peter Quinter, guest columnist It has been a year since President Obama issued Executive Order 13660, entitled “Blocking Property of Certain Persons Contributing to the Situation in Ukraine,” and opened an economic front in the international dispute with Russia over its actions in Ukraine. Since then, there have been more…

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US-India Trade Relations: “Forward Together”

Category: Markets, Trade Policy

Earlier today, US Trade Representative Michael Froman surveyed recent progress toward liberalizing trade achieved by India and the US in a speech to the Federation of Indian Chambers of Commerce and Industry. Froman is in New Delhi to co-chair with India’s Trade Minister, Nirmala Sitharaman, the first US-India Trade…

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